The Presidency of Republic of Ghana

08/01/2024 | News release | Distributed by Public on 08/01/2024 12:15

President Akufo-Addo Inaugurates GNPC Operational Headquarters In Takoradi

President Akufo-Addo Inaugurates GNPC Operational Headquarters In Takoradi

Communications Bureau Latest News 01 August 2024

In a landmark event that signifies a monumental step forward for Ghana's oil and gas industry, President Nana Addo Dankwa Akufo-Addo officially commissioned the new Operational Headquarters of the Ghana National Petroleum Corporation (GNPC) on Thursday, 1st August.

This event not only celebrates the culmination of a project that began four years ago but also underscores the government's commitment to decentralizing development and ensuring that all regions benefit equitably from the nation's resources.

In his address, President Akufo-Addo reflected on the significance of this new facility, describing it as a fulfillment of a promise he made to the chiefs and people of the Western Region during his 2016 presidential campaign. The President emphasized that the establishment of the GNPC headquarters in Takoradi is more than just a fulfillment of a campaign promise; it is a strategic move to bring development closer to the communities that contribute significantly to Ghana's wealth through their land and sea resources.

"This is a very happy day for the Western Region, for Mother Ghana and, indeed, for me personally," President Akufo-Addo declared. "The realization of this promise is proof of my government's determination to ensure that the development and benefits of Ghana's natural resources are felt by the people whose land and sea contribute so significantly to the nation's wealth."

The construction of the state-of-the-art facility faced numerous challenges, including the unprecedented COVID-19 pandemic and various logistical and financial hurdles. Despite these obstacles, the project persevered, thanks to strategic planning and the unwavering support of the people of the Western Region. President Akufo-Addo extended his gratitude to all who played a part in bringing the project to fruition, including the Regional Minister, Hon. Kobby Okyere Darko Mensah, the Western Regional House of Chiefs, and the Regional Lands Commission.

"This new headquarters is strategically positioned to serve as the hub for GNPC's operations, particularly in the Western Region, which remains the epicentre of Ghana's oil and gas industry," the President noted. He highlighted the practical benefits of situating this facility in Takoradi, which include enhanced operational efficiency and closer collaboration with domestic stakeholders.

The establishment of the headquarters is expected to have a significant economic impact on the local community. President Akufo-Addo outlined the direct and indirect job opportunities that will arise from GNPC's presence, ranging from administrative roles to technical positions. The increased economic activity is also anticipated to stimulate local businesses, contributing to the overall economic growth of the region.

Furthermore, President Akufo-Addo lauded the widespread investments made by GNPC through its Foundation, which has been headquartered in Takoradi for the past seven years. He pointed out that the Western Region continues to be a major beneficiary of the Foundation's initiatives in community development and capacity building, including the provision of health, education, and sanitation infrastructure, as well as support for artisan training and other social impact programs.

In his address, President Akufo-Addo also underscored the broader vision of transforming GNPC into a world-class national oil company capable of competing on the global stage. The new headquarters, a seven-storey modern office complex with a basement, is equipped with Smart Office Management Systems and various high-technology specifications. It includes a 300-seater auditorium, a gymnasium, a cafeteria, and a business center on the ground floor, and is designed to achieve energy efficiency and meet Leadership in Energy and Environmental Design (LEED) Certification.

The President stressed the importance of environmental and social responsibility in the exploitation of petroleum resources. He urged GNPC and other industry stakeholders to continue working collaboratively with local communities, environmental groups, and regulatory bodies to implement best practices that minimize environmental impact. "We owe it to future generations to manage our resources sustainably," he stated, emphasizing the need to balance economic growth with environmental protection.

Additionally, President Akufo-Addo called for a renewed focus on local content and participation in the oil and gas industry, urging the continued capacity building of local businesses and professionals to ensure they can benefit meaningfully from the sector.

As he concluded his speech, President Akufo-Addo expressed his sincere gratitude to the chiefs and people of the Western Region for their support and patience. He congratulated the management and staff of GNPC on this remarkable achievement and officially declared the "GNPC Energy House" commissioned.

"May this new headquarters serve as a beacon of excellence, innovation, and progress in Ghana's oil and gas industry," President Akufo-Addo said. "May God bless the Ghana National Petroleum Corporation, and us all, and may God bless our homeland Ghana, and make her great and strong."

The commissioning of the GNPC headquarters marks a significant milestone in Ghana's journey towards harnessing its natural resources for sustainable development and inclusive growth.